St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-10
CAR COMPANY CREDITORS.
The Receiver to Go East to Consult
With Them.
Something OF saltwater Society at
the Close of Lent.

1t has been quietly rumored for some time
that wealthy Chicago, st. Paul and Saltwater
parties, who were identified with the North
western Manufacturing and Car company at
and prior to its failure, were moving towards
q reorganization on safe and profitable
basis so the creditors could get their full pro
rata share of the assets, either in cash or its
equivalent. Two years ago, when the cred
itors took the matter of reorganization into
their own hands and formed the Minnesota
Thresher company as plan to combine the
creditors, the parties mentioned felt it was
not their duty to criticise the plan Of the
thresher company or offer the cred
itors u different one, but it was
publicly reported that Mr.. Sabin
had obtained temporary control of the drec-
tory of the tn 'esher company and many of
the creditors saw, as result, that all they
could get under his plan was stock in one OF
Mr.. Sabins companies, the assets OF which
were to be encountered for 81, 900 prior to
their stock, or else to take Is or 20 cente on
the dollar for their claims. These gentlemen
then felt that they owed duty to the cred
itorS, on account of their conn ectlon with the
old Northwestern Manufacturing and Car
company, to see that the creditors had plan
offered TO them whereby they could get their
pro rata share of the full value of the assets,
either in cash or in stock, in a corporation
that should be run so as TO prevent repeti-
ton of the disaster which befell the Old car
company. To this end in February last they
ID. O-
of the car company, who Is more familiar
with the affairs OF the car company and re-
ownership than any one else. to go East about
May l. with q prominent gentleman from
Chicago, to interview all the creditors,
whether il the thresher company or not
Mr.. Stone says he retireS from the receivers
employ when the receivers annual inventory
is completed which will be about April Is.
The ice is out of the channel in the lake as
far up rs the Hudson bridge, but between
that point and the Saltwater bridge still re-
mains firm.
SOCIAL.
C. E. Gould and wife, nee Bella Wheel
er, leave at noon to-day over the Milwaukee
road for San Francisco, where Mr.. Gould will
engage in business with James w. GerYin,
formerly of this city, who is In the rubber
line, and where the couple now leaving will
make their future home.
y large concourse of ladies and children
gathered at the opera house yesterday after
noon, drawn thither by the beautiful weather
and Ten Nights in a Bar-Room," as rendered
by Clarll's Comedy company.
C. E. HOMELAND, a former student OF DR.. W.
H Game, has graduated at the Minnesota
HON Popathic college, at Minneapolis and is
now an NJ. D. He will remain with DR.. Caine
for the present.
The many friends of Rev. Langlois, who
officated at the Ascension church during last
year, will be panied to learn that his death
occurred in Minneapolis on Thursday after q
brief illness.
Among the weddings last week was that Of
Theodore Van Tassell to Ida Van Tassell. The
contracting parties have been separated by
divorce, but been happily roconciled to each
other.
The Easter music at the Episcopal church
will be rendered by Mrs. Fred Doe, Miss
Laura Dexter, Frank Berry and Will Master
man, Mrs. c. H. Browne, organist.
Mr. and Mrs Samne1 AoCuer of S,InriSn
MIMI, newly married couple in this city,
were at the opera house Friday evening to
witness Queens Evidence.
The Germania Opera company, of St. Paul.
will give 1.-The Postillion of Muenchburg." II
comic opera in four acts. at Music hall, this
city, this evening.
Miss Ida Walker. one of our charming
teachers in the public schools, has been visit
Ing friends in St. Paul during the past week.
Mrs. Frederick Smith and Mrs. Edwin
Smith, of Minneapolis. were visitors ut the
home of Cashier r. S. Davis on Sunday last.
The ladies of Ascension church will give an
Easter festival on Thursday afternoon and
evening, April II, at the Jassoy block.
Miss Lulie Hallowell, the efficient teacher
in drawing, of the Saltwater school. is spend
ing her vacation at Winona.
A meeting of the Saltwater branch of the
Irish Land League will be held on Monday
evening for reorganization.
otto PaulSon mas taken his departure for
Duluth where he will reside in the future.
We are sorry to loose him.
Mrs. Flank Berry entertained the young
ladies of the Episcopal church on Thursday
afternoon.
Miss Rosa Sneed entertained several couples
on Saturday evening in honor of Miss Louise
Reed.
Miss Louise Reed, now of Minneapolis, was
entertained last week by Mrs. w. 5. Conrad.
Tor ,hnrt h,c
the Easter vacation at her home in this city.
Miss Angie Coyell, of ST. Paul, was visitor
to her father, John Covell, on Wednesday.
John Stiuson and wife entertain the North
Hill Star Euchre club on Friday evening.
Miss Cora Foster, of California, is q guest
OF Mr.. and Mrs. H. L. Foster, of this city.
The Knights of Pythias give Easter ball
at their hall tom orrow evening.
H. H. Gilman, a lumber dealer of Burling-
ton, Ia, is in the city.
Mrs. Alb Wilkinson, of ST. Paul, is visiting
Mrs. c. n. Nelson.